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Tanzanian Royalty Exploration (TSE:TRX)
TSX:TRX

Tanzanian Royalty Exploration (TRX) Technical Analysis

12 Followers

Summary of all the Indicators

Overall Consensus
Strong Buy
16Bullish
5Neutral
0Bearish
Technical Analysis Consensus
Buy
4Bullish
5Neutral
0Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Tanzanian Royalty Exploration’s (TRX) Moving Averages Convergence Divergence (MACD) indicator is <0.01, suggesting Tanzanian Royalty Exploration is a Buy.
Tanzanian Royalty Exploration’s (TRX) 20-Day exponential moving average is 0.61, while Tanzanian Royalty Exploration’s (TRX) share price is C$0.65, making it a Buy.
Tanzanian Royalty Exploration’s (TRX) 50-Day exponential moving average is 0.58, while Tanzanian Royalty Exploration’s (TRX) share price is C$0.65, making it a Buy.

Tanzanian Royalty Exploration (TRX) Pivot Points

May 17, 2024, 11:49 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
0.60
0.61
0.61
0.62
0.62
0.63
0.63
Fibonacci
0.61
0.61
0.61
0.62
0.62
0.62
0.63
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Tanzanian Royalty Exploration (TRX) Moving Averages

May 17, 2024, 11:49 PM
Period
Simple
Exponential
MA5
0.61Buy
0.62Buy
MA10
0.61Buy
0.62Buy
MA20
0.62Buy
0.61Buy
MA50
0.58Buy
0.58Buy
MA100
0.53Buy
0.56Buy
MA200
0.53Buy
0.55Buy
Tanzanian Royalty Exploration’s (TRX) 10-Day exponential moving average is 0.62, while Tanzanian Royalty Exploration’s (TRX) share price is C$0.65, making it a Buy.
Tanzanian Royalty Exploration’s (TRX) 100-Day exponential moving average is 0.56, while Tanzanian Royalty Exploration’s (TRX) share price is C$0.65, making it a Buy.
Tanzanian Royalty Exploration’s (TRX) stock price is C$0.65 and Tanzanian Royalty Exploration’s (TRX) 50-day simple moving average is 0.58, creating a Buy signal.
Tanzanian Royalty Exploration’s (TRX) stock price is C$0.65 and Tanzanian Royalty Exploration’s (TRX) 100-day simple moving average is 0.53, creating a Buy signal.
Tanzanian Royalty Exploration’s (TRX) stock price is C$0.65 and Tanzanian Royalty Exploration’s (TRX) 200-day simple moving average is 0.53, creating a Buy signal.

Tanzanian Royalty Exploration (TRX) Technical Indicators

May 17, 2024, 11:49 PM
Name
Value
Implied Action
RSI (14)
57.53
Neutral
STOCH (9,6)
66.67
Neutral
STOCHRSI (14)
50.00
Neutral
MACD (12,26)
<0.01
Buy
ADX (14)
7.98
Buy
Williams %R
-25.00
Buy
CCI (14)
70.99
Neutral
ATR (14)
0.02
-
Ultimate Oscillator
53.87
Neutral
ROC
0.00
-
Tanzanian Royalty Exploration’s (TRX) Relative Strength Index (RSI) is 57.53, creating a Neutral signal.
Tanzanian Royalty Exploration’s (TRX) Trend Strength Indicator (ADX) is 7.98, creating a Buy signal.
Tanzanian Royalty Exploration’s (TRX) Commodity Channel Index (CCI) is 70.99, creating a Neutral signal.

FAQ

Is TRX a Buy, Hold, or Sell?
Based on TRX’s technical indicators, TRX is a Strong Buy.
    What is TRX’s RSI (14)?
    TRX’s RSI (14) is 57.53, which suggests TRX is a Neutral.
      What is TRX’s MACD?
      TRX’s MACD is <0.01, which suggests TRX is a Buy.
        What is TRX’s 5-day moving average?
        TRX’s 5-day moving average is 0.61, which suggests TRX is a Buy.
          What is TRX’s 20-day moving average?
          TRX 20-day moving average is 0.62, which suggests TRX is a Buy.
            What is TRX’s 50-day moving average?
            TRX’s 50-day moving average is 0.58, which suggests TRX is a Buy.
              What is TRX’s 200-day moving average?
              TRX’s 200-day moving average is 0.53, which suggests TRX is a Buy.
                What is TRX’s Williams % R (14)?
                TRX’s Williams % R (14) is -25.00, which suggests TRX is a Buy.
                  What is TRX’s CCI (14)?
                  TRX’s CCI (14) is 70.99, which suggests TRX is a Neutral.
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